LoginSubscribe to Alerts

Launch Of Shared Ownership Apartments In Beaulieu This Weekend

Posted 30 November 2021 by Keith Osborne

A new collection of affordable two-bedroom apartments is coming to the growing community on the edge of Chelmsford...

On the Saturday 4 December, WhatHouse? Award-winning L&Q is launching a new phase of nine two-bedroom homes at The Arbour, a sought-after new neighbourhood within the thriving Beaulieu development on the outskirts of Chelmsford.

Available exclusively through Shared Ownership, the new homes offer in a city where the average price of a home is now more than 10 times the UK average annual salary. Buyers can reserve their new home with a deposit from as low as £4,000.

Adding to the one- and three-bedroom homes already launched earlier this year, L&Q’s new two-bedroom homes at The Arbour further expand the flourishing residential district of Beaulieu, a community-oriented new neighbourhood set within 610 acres of green open space. A joint venture between L&Q and Countryside, the impressive new development will ultimately deliver 3,600 new mixed tenure homes, as well as new schools, health and sports facilities and a new railway station.

Andrea Palmer, regional head of sales for L&Q’s Counties region, commented: “We are delighted to be delivering a much-needed new collection of Shared Ownership apartments and houses to the city of Chelmsford, where property prices have surged over the last couple of years. Ideal for couples and young professionals looking for a second bedroom, the new launch offers buyers the choice between an apartment or split-level terraced home, with the houses also providing desirable outdoor space. Our first phase of homes at The Arbour were all reserved within their first weekend of launching and we’re expecting the see similar levels of interest for our new collection of two-bedroom homes.”

The ArbourLocated just outside Chelmsford and surrounded by picturesque green spaces, residents at The Arbour will enjoy a blend between countryside living and the convenience of a metropolitan lifestyle. As well as 176 acres of outdoor public space and lush newly planted woodlands, buyers at The Arbour will benefit from access to landscaped communal gardens, 26 acres of football pitches, 11 acres of allotments and an orchard on site, ideal for couples and growing families looking for more space.

Chelmsford has a wealth of independent cafés and restaurants as well as a redeveloped shopping district offering larger retailers including The White Company, Maman Bébé and a flagship John Lewis store. Closer to home, Beaulieu is a community hub with a wide choice of shops, eateries and amenities, conveniently located just a short walk from The Arbour.

All Shared Ownership homes at The Arbour are built to L&Q’s New-build Quality Standard promise which guarantees high-specification homes without hidden additional costs. First-time buyers have the choice of three specifications: classic contemporary, timeless warmth and cool style. All homes feature chrome bathroom fixtures, fully integrated kitchen appliances, including dishwasher and washing machine, Amtico flooring and built-in wardrobes to the master bedroom.

Well-connected for London commuters, Chelmsford Railway Station runs regular services to London Liverpool Street in just 34 minutes. The new bus route links Beaulieu with Chelmsford City Centre and Chelmsford Rail Station, and all residents will be entitled to a year’s free travel. Beaulieu is also set to benefit from its own railway station, making the daily commute even easier. For those taking to the roads, the A12 which connects the Beaulieu to the south offers direct connection to the M25 and London to the west.

Shared Ownership prices at The Arbour start at £77,500 for a 25% share of a two-bedroom apartment (full market value £310,000) and £91,875 for a 25% share of a two-bedroom terraced house (full market value £367,500). Find out more at lqhomes.com.

 

Find retirement homes in Essex
Find Help to Buy homes in Essex
Find new homes in Essex

 

Sign up for email alertsGet the latest properties and updates sent directly to your inbox daily, weekly or immediately you are in control.
Subscribe to Alerts
A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

Click here to see your activities